Technology Acquisition Fund (TAF)
Grant Overview
TAF aims to facilitate eligible Malaysian companies in the acquisition of foreign technologies for immediate incorporation into their existing business and manufacturing activities, and to enable companies to accelerate their growth through the acquisition by enhancing their technology capacity and production processes capabilities
Grant Details
Grant Type
Partial Grant
Eligibility Criteria
1. Incorporated under the Companies Act 2016
2. At least 51% owned by Malaysian(s)
3. Qualifies as an SME
4. The proposed technology acquisition must be the Priority Technology Clusters identified by MOSTI
5. The technology to be acquired must be a registered Intellectual Property (Patent/Copyright/Industrial Design) with proven and significant sales volume in the country of origin
6. The technology provider must not hold any equity in the applicant’s company
7. A draft agreement outlaying clearly the clauses is provided
2. At least 51% owned by Malaysian(s)
3. Qualifies as an SME
4. The proposed technology acquisition must be the Priority Technology Clusters identified by MOSTI
5. The technology to be acquired must be a registered Intellectual Property (Patent/Copyright/Industrial Design) with proven and significant sales volume in the country of origin
6. The technology provider must not hold any equity in the applicant’s company
7. A draft agreement outlaying clearly the clauses is provided
SectionAdministering Agency / Organization
Agency/Company Name
Malaysian Technology Development Corporation
Agency/Company Description
Malaysian Technology Development Corporation (MTDC) was set up by government of Malaysia in 1992 to spearhead the development of technology businesses in Malaysia. Its initial role was to concentrate on the promotion and commercialisation of local research and invests in new ventures that can bring in new technologies from abroad.